York Water (Nasdaq: YORW ) is expected to report Q3 earnings around Nov. 6. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict York Water's revenues will expand 5.7% and EPS will increase 10.5%.
The average estimate for revenue is $11.0 million. On the bottom line, the average EPS estimate is $0.21.
Last quarter, York Water reported revenue of $10.4 million. GAAP reported sales were 1.0% lower than the prior-year quarter's $10.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.13. GAAP EPS of $0.17 for Q2 were 11% lower than the prior-year quarter's $0.19 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 81.9%, 60 basis points worse than the prior-year quarter. Operating margin was 48.8%, 60 basis points worse than the prior-year quarter. Net margin was 21.3%, 220 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $41.6 million. The average EPS estimate is $0.71.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 68 members out of 74 rating the stock outperform, and six members rating it underperform. Among 23 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 23 give York Water a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on York Water is outperform, with an average price target of $19.00.
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